Congratulations 2016 Night of the Stars Winners!

At a gala dinner and awards ceremony Friday, November 4, NAIOP Washington State honored this year's crop of outstanding real estate developments and activities in a variety of market types and the individuals who conceived of, took risks, sponsored, supported and made the projects happen. The awards aim to honor entire teams, including all who contributed to the project’s success in this annual celebration of the industry. Each project was evaluated for impact on the community, market adaptability, ingenuity and local contributions.

In addition to the projects completed this year that will shape our region for years to come, NAIOP honored real estate investment pioneer Blake Eagle as the 2016 Hall of Fame inductee. Eagle is credited with opening institutional investing in real estate and is the founder of the National Council of Real Estate Investment Fiduciaries (NCREIF). From 1971 through 1993, he headed Frank Russell Company’s real estate consulting group, which invested more than $18 billion in real estate. Prior to joining Russell, he was a real estate developer.

This year, for the first time, NAIOP supporters and the community at large weighed in on the Community Impact Project of the Year winner. In addition to the judges’ review, online voting took place in October to help determine the winner. Additionally, all nominees and winners can be viewed online in a public gallery for the first time.

Night of the Stars 2016 is sponsored by Kidder Mathews (Platinum Sponsor) and Puget Sound Business Journal (Media Sponsor). For a complete list of sponsors, please visit NAIOPwa.org/night-of-the-stars-2016.

About Blake Eagle

Blake Eagle is Founder of the National Council of Real Estate Investment Fiduciaries (NCREIF) and presently serves as an Ambassador to NCREIF. From 1994 through 2000, he was the Thomas G. Eastman Chairman, Center for Real Estate, Massachusetts Institute of Technology. From 1971 through 1993, he headed Frank Russell Company’s real estate consulting group. During his 23-year tenure, Russell consulting clients invested more than $18 billion in real estate. Prior to joining Russell, he was a real estate developer.

In 1992, he was honored with Lifetime Achievement Awards from NCREIF, Wharton Real Estate Center, University of Pennsylvania, and Homer Hoyt Advanced Studies Institute. In 1993, he received the Dr. James Graaskamp Award from the Pension Real Estate Association (PREA) for his contributions to the body of institutional real estate investment knowledge.

Eagle served as a member of PREA, National Real Estate Roundtable and NAREIT. He served on the Boards of Directors of three public REITs, two private real estate operating companies and one real estate securities mutual fund. He formerly served as a Director of the Institute for Real Estate Research; Member, Board of Advisors, Fannie Mae; and, Faculty Member, Mortgage Bankers School, Northwestern University. He has provided testimony to the President’s Commission on Housing, Department of Labor and the US Senate Banking Committee on US pension fund real estate investment practices. He is a member of the Real Estate Advisory Committee of New York State Teacher’s Retirement Fund.

Eagle earned his undergraduate degree in business at the University of Washington and pursued postgraduate studies in real estate at the University of California, Berkeley.

Blake Eagle photo credit: Stephen Brashear

About NAIOP Washington State NAIOP Washington State is a trade association for developers, owners and investors in the industrial, office and related commercial real estate industries. The chapter, founded in 1976, is the fifth-largest and one of the fastest growing chapters nationally, with more than members representing most of the region’s leading firms in commercial real estate development. It provides a number of opportunities for professional development and serves as a comfortable and welcoming forum for networking and business improvement.

NAIOP Washington State is known for its philanthropy, with hundreds of its members volunteering annually for Community Enhancement projects ranging from stream recovery and children’s day camp updates to social service center and high school renovations. This year, more than 450 volunteers turned out to renovate Burien's New Start High School.

The chapter’s presence is also well-known in political circles, and its members have successfully impacted proposed legislation that affects the commercial real estate industry.

Business development and networking opportunities include monthly breakfast meetings and in-depth seminars focusing on current issues associated with commercial real estate.